General – Acquisition
Harbour Energy announced a transformational acquisition of LLOG Exploration in the US.
[Read more…] about Strategic acquisition of LLOG Exploration CompanySerica buys Spirit’s North Sea gas assets for $74m
Fossil Energy – Acquisition
Britain’s Serica Energy has agreed to acquire a portfolio of Southern North Sea gas assets from Spirit Energy and its affiliates for $74 million, strengthening its UK upstream position and increasing reserves and production.
[Read more…] about Serica buys Spirit’s North Sea gas assets for $74mCathay Life Insurance signs landmark investment
Wind Energy – Finance
Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings Co., under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm, with Ørsted retaining a 50 % share.
[Read more…] about Cathay Life Insurance signs landmark investmentESVAGT purchases two SOVs on long-term windfarm contracts
General – SOV Purchase
ESVAGT has completed the acquisition of the Service Operation Vessels (SOVs) ‘Breeze Enabler’ and ‘Brint Enabler’ from Edda Wind through a 100% share purchase agreement of the two Spanish vessel owning entities.
[Read more…] about ESVAGT purchases two SOVs on long-term windfarm contractsStrategic entry offshore Angola for BW Energy
Fossil Energy – Acquisition
BW Energy has signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy.
[Read more…] about Strategic entry offshore Angola for BW EnergyUK North Sea acquisition
General – Waldorf Energy
Harbour Energy announces that it has agreed to acquire all the subsidiaries of Waldorf Energy Partners and Waldorf Production, currently in administration, for $170 million.
[Read more…] about UK North Sea acquisitionZamil Offshore buys Remoy Shipping
General – Acquisition
Saudi Zamil Offshore Services (ZOSCO) has agreed with Remoy Group to buy Remoy Shipping as it expands to Norway.
[Read more…] about Zamil Offshore buys Remoy ShippingBorr Drilling expands fleet with five Noble rigs
General – Drilling Rigs
Borr Drilling has signed a US$360 million agreement to acquire five jack-up rigs from Noble Corp, while preparing to raise roughly US$85 million through a public offering of 21 million shares.
[Read more…] about Borr Drilling expands fleet with five Noble rigsStrategic acquisition for Ocean Oilfield Drilling
General – Acquisition
Ocean Oilfield Drilling is set to acquire the jack-up drilling rig Noble Resolve.
[Read more…] about Strategic acquisition for Ocean Oilfield DrillingFinder Energy Acquires Petrojarl I FPSO
General – Acquisition
Finder Energy has announced an agreement to acquire the Petrojarl I FPSO from Amplus Energy in a $15 million cash-and-shares transaction.
[Read more…] about Finder Energy Acquires Petrojarl I FPSO